The NFL compensation committee informed the league's owners Wednesday that commissioner Roger Goodell signed a new contract, a source told Mike Florio of Pro Football Talk.

Terms weren't disclosed, but a source told Ken Belson of The New York Times that Goodell signed a five-year extension worth roughly $200 million that will keep him in power until the start of the 2024 season.

The memo sent by the compensation committee cited a "nearly unanimous consensus" among the owners for finalizing Goodell's extension, added Florio.

I’d like to lobby @CityofCleveland to make 7/3 an official holiday where the city government is closed, banks are closed, mandatory day off for all workers. It only make sense to roll into America’s birthday with a little pre-game holiday for all on the 3rd. Retweet if you agree https://t.co/LnyACOA6xH